Me and my husband are buying property in Winslow. My lawyer is not on the mortgage company conveyancing list. Is it possible for me to use my Winslow conveyancing solicitor even though they are not on the lender list of approved lawyers?
Various options include
- Carry on with your preferred Winslow lawyer but your lender will undoubtedly use a lawyer on their conveyancing panel. This will result in additional cost together with probable frustration.
- Appoint a new property lawyer to act in the purchase, making sure they are on the mortgage company conveyancing panel.
- Convince your solicitor to pull out all the stops to join the lender’s conveyancing panel
It is is a decade since I acquired my home in Winslow. Conveyancing solicitors have recently been instructed on the sale but I am unable to locate the title deeds. Is this a problem?
Don’t worry too much. Firstly the deeds may be with the lender or they may be archived with the conveyancers who acted in your purchase. Secondly the chances are that the property will be registered at the land registry and you will be able to establish that you own the property by your conveyancing lawyers obtaining current official copies of the land registers. Nearly all conveyancing in Winslow involves registered property but in the rare situation where your property is unregistered it is more tricky but is resolvable.
In reviewing online forums for an affordable lawyer in Winslow, many say that I must instruct a CQS assured lawyer. What is CQS?
The Conveyancing Quality Scheme (CQS) provides a recognised quality standard for residential conveyancing practices issued by the Law Society. Membership achievement establishes a level of credibility for member firms with stakeholders (regulators, lenders, insurers and consumers) based upon: * the integrity of the senior responsible officer and other key conveyancing staff * the firm's adherence to good practice management standards * adherence to prudent and efficient conveyancing processes through the scheme protocol the standard covers many firms who perform conveyancing in Winslow.
My wife and I are selling our property in Winslow and the buyers lawyers are claiming that there is a risk of it being built land that was not decontaminated. Any local lawyer would know that there is no such problem. For the life of me I don't know why the purchasers used a factory type conveyancing firm rather than a conveyancing solicitor in Winslow. Having lived in Winslow for three years we know of no issue. Should we contact our local Authority to get clarification that the buyers are looking for.
It sounds as though you may have a conveyancing firm already. What do they say? You should check with your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out health insurance to cover that same illness)
The estate agent has sent us the confirmation of our purchase of a new build apartment in Winslow. Conveyancing is necessary evil at the best of times but I have never purchased a new build flat before. Can you give me some examples of some of the questions asked in new build conveyancing.
Here are examples of a selection of leasehold new build enquiries that you should expect your new-build leasehold conveyancing in Winslow
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Will control of the Management Company (if any) be handed over to purchasers on completion of the last sale or earlier? The Lease must contain a provision on behalf of the Vendor to pay the service charges in respect of unoccupied units in order to ensure that all services can be provided. Where service of notices and proceedings can be at the property demised please confirm that this can be amended to include simultaneous services at the Lessees’ solicitors’ offices where the Lessee from time to time is not resident in the UK - such solicitors may be varied by notice in writing to the Landlord from time to time but otherwise will be as previously specified. Has the Lease plan been approved by the Land Registry and if not when will they be lodged for this purpose? Where there is an Undertaking being granted there is the risk of forfeiture of the Headlease subject to relief if one or more of the Underlessees are willing to accept the original Head Lessee’s obligations as otherwise relief will be denied to the Underlessees. The only alternatives are the Head Lessor agreeing not to forfeit the Headlease or the Head Lessee guaranteeing to the Underlessees that it will not be in breach of the Headlease.
Over the last few months I have been searching for a ground for flat up to £195,000 and found one round the corner in Winslow I like with a park and transport links in the vicinity, however it's only got 61 remaining years left on the lease. I can't really find anything else in Winslow suitable, so just wondered if I would be making a mistake buying a short lease?
Should you require a home loan that many years will likely be a potential deal breaker. Reduce the offer by the anticipated lease extension will cost if it has not already been discounted. If the current owner has owned the premises for a minimum of 2 years you could request that they start the process of the extension and pass it to you. You can add 90 years to the current lease with a zero ground rent applied. You should consult your conveyancing lawyer about this.